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Kyrgyz Republic - Additional Financing for the Second Village Investment Project : restructuring (Vol. 2) : Data sheet (English)

The objective of the Additional Financing for the Second Village Investment Project for Kyrgyz Republic is to assist the recipient with: (a) improving governance and capacity at the local level; (b) strengthening the provision of, and access to, essential infrastructure services; and (c) supporting private group-owned small scale enterprise development. The closing date for the project will be extended from December 31, 2012 to June 29, 2013. The project has reached each of the 475 aiyl okrugs (local municipalities) in the country and has gained strong recognition amongst the rural population. More than 70,900 local government officials and community members have been trained in principles of budgeting and planning, and 1,698 villages have gained access to improved social and economic infrastructure. Approximately 2.3 million people have benefited directly from the completion of about 6000 micro-projects. The extension is necessary to enable the implementing agency to continue with structural remediation works required for technically complex infrastructure built before 2009 by this project and its predecessor (Village Investment Project). The extension requested will accommodate ongoing remediation works as well as technical designs for works which are due to continue under the second additional financing, which will close the unanticipated financing gap resulting from an underestimate of the cost of works to remedy the structural deficiencies. The Board date for the second additional financing is December 20, 2012 and the project paper a closing date of October 31, 2014. This will be the second extension of the (first) additional financing.

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Kyrgyz Republic - Additional Financing for the Second Village Investment Project : restructuring (Vol. 2) : Data sheet (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/425871468047048669/Data-sheet